BOEING CO | 2013 | FY | 3

Quarterly Financial Data (Unaudited)
 
2013
2012
 
4th

3rd

2nd

1st

4th

3rd

2nd

1st

Total revenues

$23,785


$22,130


$21,815


$18,893


$22,302


$20,008


$20,005


$19,383

Total costs and expenses
(20,388
)
(18,674
)
(18,450
)
(15,756
)
(19,046
)
(16,799
)
(16,746
)
(16,074
)
Earnings from operations
1,515

1,803

1,716

1,528

1,624

1,559

1,542

1,565

Net earnings from continuing operations
1,233

1,160

1,087

1,106

978

1,034

967

924

Net (loss)/gain from disposal of discontinued operations


(2
)
1





(2
)


(1
)
Net earnings
1,233

1,158

1,088

1,106

978

1,032

967

923

Basic earnings per share from continuing operations
1.63

1.53

1.43

1.45

1.29

1.36

1.28

1.23

Basic earnings per share
1.63

1.53

1.43

1.45

1.29

1.36

1.28

1.23

Diluted earnings per share from continuing operations
1.61

1.51

1.41

1.44

1.28

1.35

1.27

1.22

Diluted earnings per share
1.61

1.51

1.41

1.44

1.28

1.35

1.27

1.22

Cash dividends declared per share
1.215

 
0.97

 
0.925

 
0.88

 
Common stock sales price per share:
 
 
 
 
 
 
 
 
High
142.00

120.38

104.15

86.84

76.56

75.96

77.83

76.74

Low
113.34

98.99

83.80

72.68

69.20

69.03

66.82

72.30

Quarter end
136.49

117.50

102.44

85.85

75.36

69.60

74.30

74.37

Gross profit is calculated as Total revenues minus Total costs and expenses. Total costs and expenses includes Cost of products, Cost of services and Boeing Capital interest expense.
During the first quarter of 2012, we recorded a benefit of $121 related to a favorable court judgment on satellite litigation.
During the fourth quarter of 2013, we recorded a charge of $406 related to the A-12 litigation settlement. See Note 20.
In 2013, we recorded income tax benefits of $145 in the first quarter and $212 in the fourth quarter related to research tax credits.
We increased our quarterly dividend from $0.44 to $0.485 in December 2012 and to $0.73 in December 2013.

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